12 W Pleasant, Long Beach, California 90805, Long Beach, 90805 - 0 bed, 0 bath
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Long Beach, California 90805
This Multi-Family Investment Asset is listed at $1,349,000, positioned near its $1,302,645 Fair Market Value. The property maintains a Well-Maintained Condition Rating, featuring six 1-bedroom units with significant interior upgrades including quartz countertops, vinyl plank flooring, and dual-pane windows. Located in a high-demand North Long Beach rental corridor, the asset provides steady income potential with essential amenities like off-street parking for every unit. Its proximity to major freeways and retail hubs supports long-term occupancy and consistent ROI. This is a robust addition for Buy-and-Hold Investors or Portfolio Managers seeking a stabilized income-producing property.
Property is move-in ready.
The property is well-maintained and move-in ready, with several units featuring modern updates such as quartz countertops, vinyl plank flooring, and dual-pane windows. While the structure was built in 1955, the interior renovations to the kitchens and bathrooms align with current market standards for rental properties, showing minimal wear and tear.
The 6-unit configuration in a high-demand rental market offers steady cash flow and reduced vacancy risk compared to smaller residential investments.
Several units feature high-quality updates including quartz countertops, vinyl plank flooring, and dual-pane windows, minimizing immediate renovation costs for the new owner.
The inclusion of off-street parking for every unit and its proximity to major freeways and shopping centers significantly enhances tenant retention and desirability.
Originally built in 1955, the property may require ongoing maintenance or capital improvements to aging structural systems not addressed by recent cosmetic updates.
With an average unit size of approximately 516 square feet, the 1-bedroom layouts may limit the appeal to a broader tenant demographic and cap potential rental premiums.
Charming 6-Unit Investment Opportunity in North Long Beach! Discover this well-maintained 6-unit multi-family property featuring approx. 3,100 sq ft of living space on a 6,561 sq ft lot. Built in 1955, the building offers a mix of 6 comfortable 1-bed/1-bath units, each with off-street parking. Several units feature updated kitchens with quartz counters, vinyl plank flooring, dual-pane windows, and ceiling fans. Located in a high-demand rental area near shopping, dining, schools, and easy freeway access, this property delivers both steady income potential and room for future value-add improvements. A strong addition to any investment portfolio!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,100 | 3,100 | 50% |
| Lot Size | 6,561 | 6,561 | 50% |
| Price | $1.35M | $1.35M | 50% |
| Price per sq ft | $435 | $435 | 50% |
| Built year | 1955 | 1956 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 203 | 203 | 67% |
Feb 18, 2026
$1,349,000
$1,399,000
-4% Price Drop
Initial Listing
Nov 8, 2025
$1,399,000
$1,499,999
-7% Price Drop
Initial Listing
Oct 1, 2025
$1,499,999
Initial Listing